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[Rewards Calling] EV is not the future! Oil demand is still surging

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The Boxing Ring wrote a column · Oct 5, 2021 17:22
[Rewards Calling] EV is not the future! Oil demand is still surging
Are you a fan of Tesla vehicles? Are you holding Tesla stocks? If you are, you would be satisfied with $Tesla (TSLA.US)$ stocks' performance as it gained almost 4% intra-day when other big tech stocks lost ground.
But, did you notice that the oil future is surging as well? Also, the oil&gas sector gained when the $S&P 500 Index (.SPX.US)$ lost 1.3%! $Eversource Energy (ES.US)$ gained 5.3% and $Marathon Oil(Delisted) (MRO.US)$ rose more than 4%. People are saying that oil demand will keep rising until 2035. $Ford Motor (F.US)$ and $General Motors (GM.US)$ might also be good investments. I would still invest in these stocks.

I believe EVs cannot replace traditional cars in the short term. What about you? Are you more interested in clean energy stocks or oil&gas stocks?
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Moomoo news team and I hold the event together for a month! I will post discussions every day and Moomoo news team will support the event with reward points! We will pick the top 2 'liked' and top 3 'insightful' comments every weekday& top 10 'liked' and top 10 'insightful' comments every weekend to be the winners.
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